Danone Sales Grow Amid North America Turnaround
By Aimee Look
Danone said like-for-like sales grew in the third quarter, as the French food company seeks to revive its North America business, which is grappling with falling volumes.
Danone, which makes Activia yogurt and Evian water, booked like-for-like sales growth of 4% for the three months. Analysts expected growth of 3.7%, according to company-compiled consensus estimates.
For its North America business, like-for-like sales grew 2.4%, with volume mix falling 0.6%. Danone said new leadership has been appointed to the U.S. business.
"In North America, decisive actions are in place to regain momentum, focusing on step-changing execution and regaining innovation leadership through strong product pipeline beyond high protein," the company said.
Danone backed its full-year expectations of like-for-like sales growth between 3% and 5%.
Write to Aimee Look at aimee.look@wsj.com
(END) Dow Jones Newswires
October 28, 2026 03:04 ET (07:04 GMT)
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